elective-stereophonic
elective-stereophonic
[ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>250 DAYS OLD!!
Please login or register.

Login with username, password and session length
Advanced search  

News:

Latest Stable Nxt Client: Nxt 1.12.2

Pages: 1 ... 5 6 [7] 8 9 ... 21  All

Author Topic: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>250 DAYS OLD!!  (Read 75038 times)

Bitfinex_USD

  • Sr. Member
  • ****
  • Karma: +40/-3
  • Offline Offline
  • Posts: 316
  • (Not affiliated with Bitfinex)
    • View Profile
Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
« Reply #120 on: July 23, 2014, 06:29:04 pm »

I am currently considering waving the 1 NXT fee for the first round of dividends so that everyone (even the 1 USD people) can see the dividend!

This would be perfect for the newcomers and the users that don't "get" all the implications of your asset.  :)

How about I send out a dividend after 7 days of lending and waive the fee for that round and then after this every 2 weeks dividend with fee?

This way the asset holders see results very soon. Also I will post the daily interest received + account balance daily!
Logged
Dividend paying USD asset: Thread
Crypto25: The First Professional Altcoin Index Website

satoshi

  • Hero Member
  • *****
  • Karma: +92/-91
  • Offline Offline
  • Posts: 629
    • View Profile
Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
« Reply #121 on: July 23, 2014, 06:51:43 pm »

So you already have the first drop of rain. It's a great feeling turning your ideas into reality.

Two weeks lead time should be fine, to build some meaningful NXT payout for each investor. You don't wanna pay .3 NXT dividend and pay 1 NXT transfer fee.

but in the meantime you can start a spreadsheet like this with as much details for your asset.

https://docs.google.com/spreadsheets/d/1PgPmK_7Te1r4fRV6CcTcqXMe7Jwrx7KNrML9cvYUcZ8/pubhtml

Logged
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬  ▄▀▀▀▀▀▀▀▀▄  ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬●  nimirum  ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
▬▬▬ ◖ENDING CENSORSHIP ONLINE◗  ◖ ICO OPEN NOW◗ ▬▬▬

Bitfinex_USD

  • Sr. Member
  • ****
  • Karma: +40/-3
  • Offline Offline
  • Posts: 316
  • (Not affiliated with Bitfinex)
    • View Profile
Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
« Reply #122 on: July 23, 2014, 06:59:32 pm »

So you already have the first drop of rain. It's a great feeling turning your ideas into reality.

Two weeks lead time should be fine, to build some meaningful NXT payout for each investor. You don't wanna pay .3 NXT dividend and pay 1 NXT transfer fee.

but in the meantime you can start a spreadsheet like this with as much details for your asset.

https://docs.google.com/spreadsheets/d/1PgPmK_7Te1r4fRV6CcTcqXMe7Jwrx7KNrML9cvYUcZ8/pubhtml


Yes, I will do this now.
Logged
Dividend paying USD asset: Thread
Crypto25: The First Professional Altcoin Index Website

nanardz

  • Jr. Member
  • **
  • Karma: +3/-1
  • Offline Offline
  • Posts: 63
    • View Profile
Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
« Reply #123 on: July 23, 2014, 07:29:40 pm »

too late? ;D

2020185508081286987
Logged

Bitfinex_USD

  • Sr. Member
  • ****
  • Karma: +40/-3
  • Offline Offline
  • Posts: 316
  • (Not affiliated with Bitfinex)
    • View Profile
Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
« Reply #124 on: July 23, 2014, 07:31:29 pm »

too late? ;D

2020185508081286987


Not at all! Sent!
Logged
Dividend paying USD asset: Thread
Crypto25: The First Professional Altcoin Index Website

iadxo

  • Newbie
  • *
  • Karma: +0/-0
  • Offline Offline
  • Posts: 5
    • View Profile
Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
« Reply #125 on: July 23, 2014, 07:59:56 pm »

12089898164102965771

i hope not late
Logged
NXT-4CJD-CF32-X8TV-CLZKH

AngryInca

  • Newbie
  • *
  • Karma: +0/-0
  • Offline Offline
  • Posts: 4
    • View Profile
Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
« Reply #126 on: July 23, 2014, 08:21:58 pm »

Don't think I've ever been quick enough in my life for a promotion, but here's hoping:

NXT-H8XB-X9JD-FAYS-CFJFF

(fingers crossed!)

Edit: Just read the whole post, I might not qualify because I'm new to NXT and I only created my account last night. I ain't no sock puppet though!!!
« Last Edit: July 23, 2014, 08:38:13 pm by AngryInca »
Logged

Riker

  • Core Dev
  • Hero Member
  • *****
  • Karma: +440/-42
  • Offline Offline
  • Posts: 1796
    • View Profile
Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
« Reply #127 on: July 23, 2014, 08:57:52 pm »

Hope its not too late:
NXT-HBFW-X8TE-WXPW-DZFAG
Logged
NXT Core Dev
Account: NXT-HBFW-X8TE-WXPW-DZFAG
Public Key: D8311651 Key fingerprint: 0560 443B 035C EE08 0EC0  D2DD 275E 94A7 D831 1651

Bitfinex_USD

  • Sr. Member
  • ****
  • Karma: +40/-3
  • Offline Offline
  • Posts: 316
  • (Not affiliated with Bitfinex)
    • View Profile
Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
« Reply #128 on: July 23, 2014, 09:29:12 pm »

Reposting a question I got per PM:

Quote
Hi,

I'm new to NXT and still learning about it.  I'm interested in the Bitfinex assets.  Is there a minimum investment amount, or an amount that's only really worth investing more than - like forging, you really need more than 100000 to make it pay out etc.

For example, what would $100, $200 $300, $500 expected ROI be? (not holding you to this of course!)

Thanks


Hi!

This asset is only traded on NXT asset exchange, it has nothing to do with the forging requirements of NXT.

Basically the USD deposited on bitfinex will yield about 1.7-1.8% every 2 weeks. So if you have 500 USDbitfnx then you will get about 9 USDbitfnx assets sent to your account, every two weeks. From this amount the 5cent for the 1 NXT transaction fee will be deducted. That is why it does more sence to invest $500 rather than $50.

The yearly ROI for a 500$ investment would be about 55% at this moment, so at the end of the 12 month period your account would hold 500 + 275 USDbitfnx assets. 300, 200 and 100 investments would only have a slightly lower ROI. Everything under 25 $ would yield significantly lower ROIs.

Regards
Logged
Dividend paying USD asset: Thread
Crypto25: The First Professional Altcoin Index Website

Bitfinex_USD

  • Sr. Member
  • ****
  • Karma: +40/-3
  • Offline Offline
  • Posts: 316
  • (Not affiliated with Bitfinex)
    • View Profile
Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
« Reply #129 on: July 23, 2014, 09:38:00 pm »

Promotion is now over! Sorry everyone who missed it.
Logged
Dividend paying USD asset: Thread
Crypto25: The First Professional Altcoin Index Website

Bitfinex_USD

  • Sr. Member
  • ****
  • Karma: +40/-3
  • Offline Offline
  • Posts: 316
  • (Not affiliated with Bitfinex)
    • View Profile
Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
« Reply #130 on: July 23, 2014, 10:12:20 pm »

I have opened a new NXT account (NXT-3CAM-TZGK-8WZ7-FDU7Y) to use my part of the bitfinex balance to provide liquidity to the market. You can now buy USDbitfnx @ 23.5 NXT (800 pieces) in the NXT AE. Once someone buys them I will use the NXT to deposit at bitfinex and gather more USD. This way the asset will get more liquid every day!
Logged
Dividend paying USD asset: Thread
Crypto25: The First Professional Altcoin Index Website

MJ79

  • Jr. Member
  • **
  • Karma: +5/-0
  • Offline Offline
  • Posts: 92
  • Banned!
    • View Profile
Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
« Reply #131 on: July 23, 2014, 10:30:33 pm »

How will you calculate the dividends if you're paying every 2 weeks but people are buying and selling all the time? Set time and whoever is holding them at that time gets the dividends for the past 2 weeks?
Logged

Bitfinex_USD

  • Sr. Member
  • ****
  • Karma: +40/-3
  • Offline Offline
  • Posts: 316
  • (Not affiliated with Bitfinex)
    • View Profile
Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
« Reply #132 on: July 23, 2014, 10:37:20 pm »

How will you calculate the dividends if you're paying every 2 weeks but people are buying and selling all the time? Set time and whoever is holding them at that time gets the dividends for the past 2 weeks?

Exactly, I will upload the spreadsheet later this evening and there will be the exacte dividend date marked. So if you hold the funds on that day, you will get the dividend for the last 2 weeks. This is the only possible way to do this.

The 2 week period is a trade-off between convenience (vs e.g. daily dividends) and higher roi (daily dividends will kill the roi for smaller holders).
Logged
Dividend paying USD asset: Thread
Crypto25: The First Professional Altcoin Index Website

MJ79

  • Jr. Member
  • **
  • Karma: +5/-0
  • Offline Offline
  • Posts: 92
  • Banned!
    • View Profile
Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
« Reply #133 on: July 23, 2014, 10:44:34 pm »

Exactly, I will upload the spreadsheet later this evening and there will be the exacte dividend date marked. So if you hold the funds on that day, you will get the dividend for the last 2 weeks. This is the only possible way to do this.

The 2 week period is a trade-off between convenience (vs e.g. daily dividends) and higher roi (daily dividends will kill the roi for smaller holders).

Thought so, thanks. :)
Logged

Bitfinex_USD

  • Sr. Member
  • ****
  • Karma: +40/-3
  • Offline Offline
  • Posts: 316
  • (Not affiliated with Bitfinex)
    • View Profile
Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
« Reply #134 on: July 23, 2014, 10:53:48 pm »

The spreadsheet is now online and I will try to update it daily

https://docs.google.com/spreadsheets/d/1bSej427-QIqm3ls-r3pIwV8XWWEm1aul9I2ToDIzHzA/pubhtml
Logged
Dividend paying USD asset: Thread
Crypto25: The First Professional Altcoin Index Website

DrearyUrbanite

  • Sr. Member
  • ****
  • Karma: +25/-10
  • Offline Offline
  • Posts: 285
    • View Profile
    • Terry's Baris
Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
« Reply #135 on: July 23, 2014, 11:04:27 pm »

I have opened a new NXT account (NXT-3CAM-TZGK-8WZ7-FDU7Y) to use my part of the bitfinex balance to provide liquidity to the market. You can now buy USDbitfnx @ 23.5 NXT (800 pieces) in the NXT AE. Once someone buys them I will use the NXT to deposit at bitfinex and gather more USD. This way the asset will get more liquid every day!

I am not seeing any of the 800. Were they all gobbled up in one fast purchase?
Logged
BTC: 1JVArfYKssNLEBR3WQv1fNfvNrWiQmq5JU
NXT: 9387163161124147828

Bitfinex_USD

  • Sr. Member
  • ****
  • Karma: +40/-3
  • Offline Offline
  • Posts: 316
  • (Not affiliated with Bitfinex)
    • View Profile
Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
« Reply #136 on: July 23, 2014, 11:04:35 pm »

I have opened a new NXT account (NXT-3CAM-TZGK-8WZ7-FDU7Y) to use my part of the bitfinex balance to provide liquidity to the market. You can now buy USDbitfnx @ 23.5 NXT (800 pieces) in the NXT AE. Once someone buys them I will use the NXT to deposit at bitfinex and gather more USD. This way the asset will get more liquid every day!

Wow, not even one hour has passed and the 800 USDbitfnx are gone already. Will now rebuy and post a new offer in a couple of hours.
Logged
Dividend paying USD asset: Thread
Crypto25: The First Professional Altcoin Index Website

Bitfinex_USD

  • Sr. Member
  • ****
  • Karma: +40/-3
  • Offline Offline
  • Posts: 316
  • (Not affiliated with Bitfinex)
    • View Profile
Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
« Reply #137 on: July 23, 2014, 11:05:14 pm »

I have opened a new NXT account (NXT-3CAM-TZGK-8WZ7-FDU7Y) to use my part of the bitfinex balance to provide liquidity to the market. You can now buy USDbitfnx @ 23.5 NXT (800 pieces) in the NXT AE. Once someone buys them I will use the NXT to deposit at bitfinex and gather more USD. This way the asset will get more liquid every day!

I am not seeing any of the 800. Were they all gobbled up in one fast purchase?

Yes, I am shocked too. That was surprisingly fast!
Logged
Dividend paying USD asset: Thread
Crypto25: The First Professional Altcoin Index Website

DrearyUrbanite

  • Sr. Member
  • ****
  • Karma: +25/-10
  • Offline Offline
  • Posts: 285
    • View Profile
    • Terry's Baris
Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
« Reply #138 on: July 23, 2014, 11:12:12 pm »

I have opened a new NXT account (NXT-3CAM-TZGK-8WZ7-FDU7Y) to use my part of the bitfinex balance to provide liquidity to the market. You can now buy USDbitfnx @ 23.5 NXT (800 pieces) in the NXT AE. Once someone buys them I will use the NXT to deposit at bitfinex and gather more USD. This way the asset will get more liquid every day!

I am not seeing any of the 800. Were they all gobbled up in one fast purchase?

Yes, I am shocked too. That was surprisingly fast!

Pity - I would have bought some, particularly at that price.
Logged
BTC: 1JVArfYKssNLEBR3WQv1fNfvNrWiQmq5JU
NXT: 9387163161124147828

Bitfinex_USD

  • Sr. Member
  • ****
  • Karma: +40/-3
  • Offline Offline
  • Posts: 316
  • (Not affiliated with Bitfinex)
    • View Profile
Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
« Reply #139 on: July 23, 2014, 11:31:10 pm »



Pity - I would have bought some, particularly at that price.

Don't worry, as long as NXT/BTC price stays about the same, I will provide enough liquidity to cater all needs at prices similar to this!
Logged
Dividend paying USD asset: Thread
Crypto25: The First Professional Altcoin Index Website
Pages: 1 ... 5 6 [7] 8 9 ... 21  All
 

elective-stereophonic
elective-stereophonic
assembly
assembly